Loretto, Tennessee Demographics & Population 2026
Demographic data: ACS 2020–2024 five-year estimates. Sources and methodology
During the 2020–2024 ACS period, Loretto, Tennessee had a total population of 1,731, the 241st largest city in Tennessee, with a median household income of $55,592, which is 20% lower than the state average. The poverty rate is 8.6%.
Key Takeaways
- Near full employment with an unemployment rate of just 0.3%.
Loretto Quick Facts
How Loretto Changed
Change from the non-overlapping 2015–2019 ACS period to 2020–2024. Earlier dollar figures are adjusted to 2024 dollars; changes marked “no clear change” are within the combined 90% margins of error.
| Metric | 2015–2019 | 2020–2024 | Change |
|---|---|---|---|
| Population | 1,756 | 1,731 | No clear change (-1.4%) |
| Median household income | $54,229 | $55,592 | No clear change (+2.5%) |
| Median home value¹ | $115,687 | $161,900 | +39.9% |
| Median gross rent | $785 | $737 | No clear change (-6.1%) |
How Loretto Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
- White: 96.4%
- Black: 0.0%
- Hispanic: 0.2%
- Asian: 0.0%
- Other: 0.0%
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 46 | National average: 61
Education
Educational Attainment (Adults 25+)
- < High School: 12.2%
- HS Diploma: 41.9%
- Some College: 13.6%
- Associate's: 11.3%
- Bachelor's: 13.8%
- Graduate+: 7.2%
Loretto Rankings in Tennessee
Explore Tennessee Rankings
Other Cities in Lawrence County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Lawrenceburg | 11,844 | $42,343 | 21.5% | $184,600 |
| St. Joseph | 783 | $49,112 | 13.8% | $171,300 |
| Summertown | 733 | $89,688 | 1.4% | $213,500 |
| Ethridge | 419 | $45,313 | 4.8% | $178,300 |
| Leoma | 374 | $87,569 | 1.3% | $401,700 |
| Iron City | 282 | N/A | 47.3% | $41,000 |
| Westpoint | 139 | N/A | 21.6% | $130,000 |
Cities Similar to Loretto
These cities in the same state have comparable population and economic profiles.
Population Overview
Loretto is a small community located in Tennessee, within Lawrence County. The total population is 1,731. It ranks as the 241st most populous out of 502 Census-designated places in Tennessee.
Age Demographics
The median age in Loretto is 39.6 years. This is 2% higher than the state median of 38.9 years.
Economy, Income & Housing
The median household income in Loretto is $55,592. This is 20% lower than the state median of $69,595. It is also 31% lower than the national median of $80,734. The poverty rate stands at 8.6%. This is 37% lower than the state poverty rate of 13.8%. The unemployment rate is 0.3%. This is 95% lower than the state rate of 4.7%. The median home value is $161,900. Housing costs are 44% lower than the state median of $286,700. With a home-value-to-income ratio of just 2.9x, Loretto is one of the most affordable housing markets in the area. 85.4% of occupied housing units are owner-occupied. This homeownership rate is 28% higher than the state average of 66.9%.
Race & Ethnicity
Loretto has a predominantly White (non-Hispanic) population, comprising 96.4% of all residents. Hispanic or Latino residents account for 0.2%. The Hispanic or Latino population (0.2%) is well below the state average of 7.4%.
Education
21.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 32% lower than the state rate of 31.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 87.8%.
Data Sources & Methodology
All demographic data for Loretto, Tennessee is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Tennessee state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 502 Census-designated places in Tennessee. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Loretto, Tennessee?
Loretto, Tennessee has a population of 1,731 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Loretto, TN?
The median household income in Loretto is $55,592, which is 31% lower than the national median of $80,734.
What is the poverty rate in Loretto, TN?
The poverty rate in Loretto is 8.6%. This means approximately 149 residents live below the federal poverty line.
What is the racial makeup of Loretto, Tennessee?
Loretto's population is 96.4% White, 0.0% Black, 0.2% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Loretto, TN?
The median home value in Loretto is $161,900. The home-value-to-income ratio is 2.9x.
How educated is Loretto, Tennessee?
21.0% of adults (25+) in Loretto hold a bachelor's degree or higher, and 7.2% hold a graduate or professional degree.